[Costs of Saudi Arabia's Neom green hydrogen mega-project soar by $3.5 billion] Budgets for the Neom green hydrogen mega-project, which will tap vast green energy capacity, have soared 70% to $8.5 billion, according to a financial update from co-developer Air Products. Inflation, spare parts, land upfront costs and interest on a $1 billion loan all contributed to the $3.5 billion budget increase the company is developing in the deserts of northwestern Saudi Arabia with partner ACWA Power, a Saudi renewable energy development Merchant and Neom. Editor/Xing Wentao

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• 2026.03.26 10:42
• [Huaneng International invests 30.5 billion yuan in wind power in 2026]
• On March 25, 2026, Huaneng International released its 2025 annual report, which showed that the investment in new energy in 2026 was 37.7 billion yuan, of which wind power was 30.5 billion yuan, accounting for 80.9%, a year-on-year increase of 27.3%. Solar energy investment has dropped to 7.2 billion yuan. The company focuses on the layout of deep-sea offshore wind power and large-scale wind and solar power bases, with an installed capacity of 5880 megawatts of offshore wind power.Editor/Gao Xue

• 2026.03.26 10:33
• [Uzbekistan project approved]
• Uzbekistan approves the conceptual plan for the Tashkent to Nurafshan BRT project, with a total length of 23 kilometers and a total investment of approximately 120 million US dollars. The project plans to sign a loan agreement in the third quarter, select a contractor through bidding in the fourth quarter, and put it into operation by the end of 2028. After completion, it can transport more than 50000 people per day and shorten travel time by 30% to 40%.Editor/Gao Xue